Real Estate Market Update for 46205 (Indianapolis, IN)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 40% from one year earlier, and down 3% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 180-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 42%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 130-thousand dollars. The number of units sold decreased 20% year-over-year, and decreased 26% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 46205 (Indianapolis, IN)
Area Information for 46205 (Indianapolis, IN)
  • Population: 26,195
  • Median Age: 35.48 yr
  • Median Commute Time: 24 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 4,183/sq mi
  • Population Change Since 2000: -10.99%
  • Closest Airport: Indianapolis International
  • Closest College: Butler University
  • Closest Jr. College: Ivy Tech Community Cllg-central Indiana
  • Median Household Income: $37,407
  • Annual Residential Turnover: 21%
  • Median Home Sales Price: $173,891
  • Closest Major Sports Team: Indiana Fever
  • Change Avg. Household Income Since 2000: 27.07%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 46205 (Indianapolis, IN)
Median Age: 35.48 Married: 23% Number of Households: 11,574 Households with Children: 2,561
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 46205 (Indianapolis, IN)

      School Name Distance Type Grades School Rating Parent Rating
      Indiana School For The Deaf 0.4 mi Public PRESCHOOL-12 0 0
      Saint Joan Of Arc School 0.8 mi Catholic PRESCHOOL-8 0 0
      Day Nursery Assn Indpls Lilly Br 0.9 mi Private PRESCHOOL-PRESCHOOL 0 0
      Louis B. Russell Jr. School 48 1.0 mi Public PRESCHOOL-6 0 0
      Building Blocks Academy 1.0 mi Private PRESCHOOL-5 0 0
      Nicholson Performing Arts Academy At School 70 1.1 mi Public K-5 1 0
      Tindley Collegiate Academy 1.2 mi Public 6-8 4 0
      Tindley Preparatory Academy 1.2 mi Public 6-8 2 0
      Charles A Tindley Accelerated School 1.2 mi Public 6-12 5 4
      The Independence Academy Of Indiana 1.2 mi Private 5-12 0 0
      Ips/butler University Laboratory School 60 1.3 mi Public PRESCHOOL-5 1 0
      Avondale Meadows Academy (formerly The Challenge Foundation Academy) 1.3 mi Public K-5 1 0
      Rousseau Mc Clellan 91 1.3 mi Public K-8 4 0
      St. Richard's Episcopal School 1.4 mi Private PRESCHOOL-8 0 0
      Northside Montessori School 1.4 mi Private PRESCHOOL-6 0 0
      Francis W. Parker School 56 1.9 mi Public PRESCHOOL-8 1 0
      The Oaks Academy 2.1 mi Private PRESCHOOL-5 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for 46205 (Indianapolis, IN)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.